China's manufacturing slumps in August to 9-month low

BEIJING(AFP) - China's manufacturing activity slumped in August to a nine-month low, official figures showed on Saturday, in the latest sign of serious weakness in the world's second-largest economy.

The government's purchasing managers' index (PMI) fell to 49.2 in August from 50.1 in July, according to a statement released by the China Federation of Logistics and Purchasing and the National Bureau of Statistics.